Post
Topic
Board Bitcoin Discussion
Re: Lost Forever: 26.04 BTC Burned In 2016
by
chesatochi
on 27/12/2016, 12:55:05 UTC
Last October a website called BTCBurns.cf identified 397 burn addresses containing 2,657.8686 BTC lost forever. It has gone offline. Since it stopped keeping track 26.04 additional bitcoins have been sent to these addresses.

The total number of unspendable bitcoins is now 2,771.4086.

http://bitcoinwhoswho.com/blog/2016/12/21/btc-burn-addresses/

That represent a very large number of bitcoins that I don't have in my possession. I don't know about burned address, but if someone buys bitcoins and store them in a cold storage and never touch for a couple of years.

Will the address be flagged a burned address?